Xylem acquires MJK Automation

Global water technology company Xylem Inc has acquired Danish firm MJK Automation in a deal worth $12.3m, in order to augment its global analytics portfolio.

Xylem Analytics business president Chris McIntire said that MJK’s expertise in water and wastewater applications enhances Xylem’s analytical instrumentation platform, by adding physical parameters to its wastewater offering and by providing energy-saving controllers for field applications.

MJK is a manufacturer of flow and level sensors, and measurement and control technology for water and wastewater applications. Xylem has not disclosed the actual terms of the transaction.

Xylem president and chief executive officer Gretchen McClain said that MJK was an attractive business and the acquisition is in line with its objectives.

"Along with our core pump expertise, the controller technology of MJK will allow us to expand Xylem’s wastewater and surface water applications, bringing together our transport and test capabilities," added McClain.

The sensor technologies offered by MJK include ultrasonic, hydrostatic and electromagnetic as well as remote telemetry units for monitoring and control units.

The Danish company ended the fiscal year ending 30 June 2012 with revenues of $10.7m and its products have found use in water, wastewater, environmental and irrigation applications.